The functions of the HQ unit in the multibusiness firm

1991-01-01articleStrategic Management Journal350 citationsclosed

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Organizational Management and Leadership Corporate Finance and Governance Management and Organizational Practices

Abstract

The basic functions of the corporate headquarters (HQ) multibusiness firms are both entrepreneurial (value-creation) and administrative (loss prevention). The development and implementation of these HQ functions reflect the industries in which the firms operate. Historically, the ability of the headquarters to carry out these functions has determined both the successful paths to growth for a multibusiness enterprise and the limits to that growth.

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References

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